Production technology services provider Proserv has created a new platform for robust and sustainable growth after restructuring its business into a fully integrated global organisation with a new company brand and fresh strategic focus. The new organisation…
International classification society Bureau Veritas has extended its classification rules to include the items of drilling equipment which are essential for the safety of offshore drilling operations. These rules cover well control equipment including Blow-Out Preventers…
Barclays Corporate oil and gas team announces it has provided funding for global energy deals amounting to US$1.26billion so far this year. The facilities have been provided for organisations operating in the UK and internationally, comprising…
Northern Offshore, Ltd., operator of production and drilling vessels for the global offshore oil and gas industry, won a contract from Maersk for the jackup Energy Enhancer. The contract, worth in excess of £20million will see the Energy Enhancer…
Tritech has developed a system for the real-time integrity monitoring of mooring lines, umbilicals and risers on Floating Production Storage and Offloading Units (FPSOs). RAMS (Riser and Anchor Monitoring System) is a 360 degree riser and…
BMT Cordah won a contract by Canadian Natural Resources International (CNRI). This project will see BMT provide vital support and guidance for the environmental aspects during two of CNRI’s decommissioning projects, both of which are currently in the planning and consenting phase…
GulfMark Offshore, Inc. (NYSE: GLF) announced the initiation of a vessel construction program. The first three vessels in the program will be built by Remontowa Shipbuilding SA in Gdansk, Poland, and consists of two 1000 square meter deck area…
Measurement Technology NW (MTNW) implemented its running line tensiometer (RLT) technology with a Samson synthetic rope in an offshore mooring monitoring project engineered by Delmar Systems. This implementation is MTNW’s first use of tension measurement technology with 2”+ synthetic ropes…
“We have arrived at the end of a downturn that has lasted since late 2008, and the market for modern offshore vessels is now turning around. BOURBON has every chance of being the first to benefit from this new turn of events thanks to a high-performance modern fleet and a worldwide network…
Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich today announced that the bureau has developed and implemented several new tools to help offshore oil and gas operators improve their exploration and development plan and permit applications…
American Pollution Control Corp. (AMPOL), a leading oil spill response and total environmental solutions provider, has completed the oil spill recovery and environmental cleanup on a recovered platform in Terrebonne Parish.Located offshore then transported to Dulac…
Fairmount Marine’s powerful tugs Fairmount Sherpa and Fairmount Summit have towed FPSO Skarv Idun to the field in the northern Norwegian Sea after it was completed and prepared in Norway. Both tugshad already performed the tow of FPSO Skarv Idun from Korea to Norway earlier this year…
The 65 oil companies covered in DnB NO’s fifth annual E&P spending report expect a spending increase of 14% in 2011, 8% in 2012 and 7% in 2013. For 2011 we expect activity growth in line with last year; however, service costs are increasing…
Initial deal worth $165 million; $300 million for 6 additional newbuilds and another $500 million for acquisitions also approved. Harvey Gulf International Marine announced Saturday that it will sign a deal for three LNG vessels to be built by Signal Shipbuilding…
The most recent Loop Current eddy to halt operations in the Gulf of Mexico with 4.0+ knot currents shows no sign of letting up any time soon. In support of multiple projects, Horizon Marine has mobilized three of its ocean current monitoring systems to provide fine-scale monitoring of Eddy Hadal*…